well what do we see on the chart? as gomer pile would have said, surpise surprise surprise, we bounced off the bottom bolly! we all know what happens to s/p now, it happens every single time. Traders set a sell at 1.40 as she will overshoot, l/termers watch her consolidate in 1.30"s untill next leg up. Ironic part is its the sellers that create the BMN bolly bounce
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